According to CoinMeta, AAVE has expanded its collateral lending business from crypto assets to securities and physical assets such as GPU. AAVE V4 has launched tokenized stock lending on Base, with the first batch supporting 7 U.S. stocks. The founder of AAVE, Stani, has divided the market into three phases: crypto, securities, and abundance, with plans to subsequently cover solar energy, batteries, robotics, and space infrastructure. AAVE Token Economics 3.0 considers incorporating a destruction mechanism.